Analysts covering Verge (XVG) look at the 5.70% increase on February 26-27

February 27, 2018 - By Louis Casey

Verge (XVG) had a good 24 hours as the cryptocurrency jumped $0.00324 or 5.70% trading at $0.06009. According to Global Cryptocoin Analysts, Verge (XVG) eyes $0.066099 target on the road to $0.0969706149479261. XVG last traded at BitTrex exchange. It had high of $0.063 and low of $0.05585 for February 26-27. The open was $0.05685.
Exchange Buy Sell XVG At Best Rate

BUY – SELL – EXCHANGE Verge (XVG) AT BEST RATE About 18.34 million XVG worth $1.11 million traded hands.

Verge (XVG) is down -36.10% in the last 30 days from $0.09404 per coin. Its up 896.19% in the last 100 days since when traded at $0.006032 and the annual trend is up. 200 days ago XVG traded at $0.002448. XVG has 14.64 billion coins mined giving it $880.01 million market cap. Verge maximum coins available are 16.56B. XVG uses Multiple algorithm and PoW proof type. It was started on 15/02/2016.

Verge is a scrypt based alternative crypto currency trying to take the popularity of both Dogecoin and Bitcoin and combine it with the anonymous features of DASH. The block time is 30 seconds and the coin operates through Proof of Work.

VERGE prides itself on being a symbol of progression in the cryptocurrency world. It is a more secure, private, and evolving cryptocurrency that is backed by bitcoin, a ton of developer resources and privacy tools (located here!)

Block reward:

  • Block 0 to 14,000 : 200,000 coins
  • 14,000 to 28,000 : 100,000 coins
  • 28,000 to 42,000: 50,000 coins
  • 42,000 to 210,000: 25,000 coins
  • 210,000 to 378,000: 12,500 coins
  • 378,000 to 546,000: 6,250 coins
  • 546,000 to 714,000: 3,125 coins
  • 714,000 to 2,124,000: 1,560 coins
  • 2,124,000 to 4,248,000: 730 coins

Approximately total reward: 9 Billion (9,000,000,000) during first year then issuing 1 billion (1,000,000,000) each year after.

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